SBI Securities Co. Ltd. Invests $427,000 in SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK)

SBI Securities Co. Ltd. acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 16,901 shares of the company’s stock, valued at approximately $427,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Jones Financial Companies Lllp grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1,035.0% during the fourth quarter. Jones Financial Companies Lllp now owns 15,981 shares of the company’s stock worth $404,000 after buying an additional 14,573 shares in the last quarter. ADG Wealth Management Group LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the fourth quarter worth about $202,000. Private Trust Co. NA grew its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1,348.7% during the fourth quarter. Private Trust Co. NA now owns 27,206 shares of the company’s stock worth $687,000 after buying an additional 25,328 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 9.0% in the fourth quarter. Bank of New York Mellon Corp now owns 1,605,541 shares of the company’s stock valued at $40,540,000 after purchasing an additional 132,268 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH boosted its holdings in SPDR Bloomberg Short Term High Yield Bond ETF by 12.3% in the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 13,646 shares of the company’s stock valued at $345,000 after purchasing an additional 1,490 shares in the last quarter.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Down 0.0 %

Shares of SJNK opened at $25.41 on Wednesday. The stock has a 50 day moving average price of $25.45 and a 200 day moving average price of $25.49. The company has a market capitalization of $5.00 billion, a price-to-earnings ratio of 0.93 and a beta of 0.36. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $24.67 and a 52-week high of $25.77.

SPDR Bloomberg Short Term High Yield Bond ETF Company Profile

The SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of short-term publicly issued US high yield corporate bonds, with a remaining maturity of less than five years. SJNK was launched on Mar 15, 2012 and is managed by State Street.